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US gas reaches $4.30 per gallon; Trump says prices will drop after Iran war

Al Jazeera · Apr 30, 2026, 9:31 PM · Also reported by 4 other sources

Key takeaways

  • Price of petrol in US jumps by nearly 30 cents in one week amid Strait of Hormuz blockade and Iran diplomatic deadlock.
  • Thursday’s prices come as US President Donald Trump insists that time is on his side in the standoff with Iran, even as he refuses Tehran’s offers of a preliminary deal to reopen the Strait of Hormuz.
  • According to AAA, prices for gas or petrol went up by 27 cents over the past week amid the deepening impasse, with Iran blocking the strait and the US imposing a naval siege on Iranian ports.

Why this matters: an international story with cross-border implications worth tracking.

Price of petrol in US jumps by nearly 30 cents in one week amid Strait of Hormuz blockade and Iran diplomatic deadlock.

xwhatsapp-strokecopylinkgoogle Add Al Jazeera on Googleinfo Prices for gas or petrol are displayed at a Mobil gas station on April 29 in Portland, Oregon, the United States [File: Jenny Kane/AP Photo]By Al Jazeera Staff Published On 30 Apr 202630 Apr 2026The average price of one gallon (3.8 litres) of gasoline in the United States has reached $4.30, according to the American Automobile Association (AAA), up from less than $3 before the February 28 start of the US-Israel war on Iran.

Thursday’s prices come as US President Donald Trump insists that time is on his side in the standoff with Iran, even as he refuses Tehran’s offers of a preliminary deal to reopen the Strait of Hormuz.

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